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Farmers & Merchants State Bank of New York Mills, Incorporated, SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Farmers Merchants State Bank Of New York Mills Incorporated.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$3.7M

across all programs

Avg loan size

$220K

median $150K

Top industry

Boat Dealers

3 loans · 18%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$3.7M

Avg size

$220K

Range

$60K – $750K

SBA 504

Loans

Approved

Avg size

Range

–

Top industries funded

See all industries

Boat Dealers

General Automotive Repair

Meat Markets

Automotive Parts and Accessories Retailers

Beauty Salons

Car Washes

Loan records · Farmers & Merchants State Bank of New York Mills, Incorporated

17 records

Sort:

Borrower

Location

Program

Industry

KOEHLER DAIRY Farmers & Merchants State Bank of New York Mills, Incorporated

New York Mills, MN

56567

$750,000

–

7(a)

–

1994-08-02

HOOT'S SPORTS Farmers & Merchants State Bank of New York Mills, Incorporated

Perham, MN

56573

$555,468

–

7(a)

Boat Dealers

2006-11-30

HOOTS SPORTS Farmers & Merchants State Bank of New York Mills, Incorporated

Perham, MN

56573

$350,000

$23K

7(a)

Boat Dealers

2014-02-03

HOOTS SPORTS Farmers & Merchants State Bank of New York Mills, Incorporated

Perham, MN

56573

$350,000

$25K

7(a)

Boat Dealers

2006-12-21

Starbuck Locker PLant Farmers & Merchants State Bank of New York Mills, Incorporated

Starbuck, MN

56381

$270,000

$23K

7(a)

Meat Markets

2020-11-10

Roberts Enterprise LLC Farmers & Merchants State Bank of New York Mills, Incorporated

New York Mills, MN

56567

$190,000

$63K

7(a)

General Automotive Repair

2022-06-10

Midwest Meat LLC Farmers & Merchants State Bank of New York Mills, Incorporated

New York Mills, MN

56567

$190,000

$63K

7(a)

Meat Markets

2020-11-03

EAGLES CAFE Farmers & Merchants State Bank of New York Mills, Incorporated

New York Mills, MN

56567

$164,000

–

7(a)

–

1992-09-24

EAGLES CAFE Farmers & Merchants State Bank of New York Mills, Incorporated

New York Mills, MN

56567

$150,000

–

7(a)

Limited-Service Restaurants

2001-11-27

The Hairloft Farmers & Merchants State Bank of New York Mills, Incorporated

Perham, MN

56573

$130,000

$130K

7(a)

Beauty Salons

2014-09-16

Prairie Composites LLC Farmers & Merchants State Bank of New York Mills, Incorporated

Perham, MN

56573

$125,000

$42K

7(a)

Textile Bag and Canvas Mills

2023-08-25

Aqua Solutions LLC Farmers & Merchants State Bank of New York Mills, Incorporated

Moorhead, MN

56560

$115,000

$38K

7(a)

Nonresidential Property Managers

2025-02-19

AMJ Properties LLC Farmers & Merchants State Bank of New York Mills, Incorporated

Bluffton, MN

56518

$100,000

–

7(a)

General Warehousing and Storage

2020-05-14

CERTIFIED AUTO REPAIR OF NEW Y Farmers & Merchants State Bank of New York Mills, Incorporated

Milaca, MN

56353

$100,000

$50K

7(a)

General Automotive Repair

2007-08-13

Hemenway Tools LLC Farmers & Merchants State Bank of New York Mills, Incorporated

Detroit Lakes, MN

56501

$75,000

$75K

7(a)

Automotive Parts and Accessories Retailers

2022-07-13

BATTLE LAKE CAR WASH Farmers & Merchants State Bank of New York Mills, Incorporated

Battle Lake, MN

56515

$61,200

–

7(a)

Car Washes

1992-08-14

CERTIFIED AUTO REPAIR OF NEW Y Farmers & Merchants State Bank of New York Mills, Incorporated

Milaca, MN

56353

$60,000

$30K

7(a)

General Automotive Repair

2007-08-13

KOEHLER DAIRY

New York Mills, MN · 56567

$750,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated1994-08-02

Farmers & Merchants State Bank of New York Mills, Incorporated2006-11-30

Farmers & Merchants State Bank of New York Mills, Incorporated$23K/job · 2014-02-03

Farmers & Merchants State Bank of New York Mills, Incorporated$25K/job · 2006-12-21

Starbuck Locker PLant

Starbuck, MN · 56381

$270,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$23K/job · 2020-11-10

Roberts Enterprise LLC

New York Mills, MN · 56567

$190,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$63K/job · 2022-06-10

Midwest Meat LLC

New York Mills, MN · 56567

$190,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$63K/job · 2020-11-03

EAGLES CAFE

New York Mills, MN · 56567

$164,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated1992-09-24

EAGLES CAFE

New York Mills, MN · 56567

$150,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated2001-11-27

Farmers & Merchants State Bank of New York Mills, Incorporated$130K/job · 2014-09-16

Prairie Composites LLC

Perham, MN · 56573

$125,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$42K/job · 2023-08-25

Farmers & Merchants State Bank of New York Mills, Incorporated$38K/job · 2025-02-19

Farmers & Merchants State Bank of New York Mills, Incorporated2020-05-14

CERTIFIED AUTO REPAIR OF NEW Y

Milaca, MN · 56353

$100,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$50K/job · 2007-08-13

Hemenway Tools LLC

Detroit Lakes, MN · 56501

$75,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$75K/job · 2022-07-13

BATTLE LAKE CAR WASH

Battle Lake, MN · 56515

$61,200

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated1992-08-14

CERTIFIED AUTO REPAIR OF NEW Y

Milaca, MN · 56353

$60,000

7(a)

Farmers & Merchants State Bank of New York Mills, Incorporated$30K/job · 2007-08-13

1–17 of 17

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